South Ocean Holdings Limited (JSE:SOH)

South Ocean Holdings Balance Sheet

Financials in millions ZAR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	-	12.11	121.45	84.26	133.93	139.97
Short-Term Investments	-	0.89	0.27	0.27	0.23	2.54
Cash & Short-Term Investments	-	12.99	121.72	84.53	134.16	142.51
Cash Growth	-	-89.33%	44.00%	-36.99%	-5.86%	579.36%
Accounts Receivable	512.24	255.37	231.14	255.97	181.61	182.45
Other Receivables	8.07	31.97	4.03	14.23	13.37	13.35
Receivables	520.31	287.34	235.17	270.2	196.92	195.8
Inventory	794.39	759.21	510.97	380.4	295.35	209.5
Prepaid Expenses	-	0.13	0.13	3.04	8.74	0.12
Total Current Assets	1,315	1,060	867.99	738.17	635.17	547.93
Property, Plant & Equipment	274.82	330.72	342.78	320.14	249.1	206.95
Long-Term Investments	-	-	0.35	9.05	-	-
Long-Term Deferred Tax Assets	35.6	42.97	22.42	11.9	1.21	0.58
Total Assets	1,625	1,433	1,234	1,086	885.47	755.46

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	503.87	479.98	234.7	177.37	173.55	56.47
Accrued Expenses	5.93	25.47	62.49	46.95	31.03	37.83
Short-Term Debt	285.28	57.83	-	-	-	-
Current Portion of Long-Term Debt	13.41	13.06	19.21	15.8	14.62	13.53
Current Portion of Leases	1.44	18.67	16.47	14.84	2.87	1.94
Current Income Taxes Payable	-	1.78	0.43	0.77	5.63	3.01
Other Current Liabilities	-	-	0.21	0.21	13	0.21
Total Current Liabilities	809.93	596.79	333.51	255.94	240.69	112.99
Long-Term Debt	103.03	106.53	117.8	66.21	24.04	33.81
Long-Term Leases	9.5	46.56	65.46	68.06	2.7	4.57
Long-Term Deferred Tax Liabilities	33.71	26.6	23.61	22.91	20	25.17
Other Long-Term Liabilities	3.2	1.55	11.5	2.29	4.11	11.66
Total Liabilities	959.38	778.02	551.89	415.41	291.54	188.2

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.74	1.74	1.74	1.74	1.74	1.74
Additional Paid-In Capital	459.6	459.6	459.6	459.6	459.6	459.6
Retained Earnings	266.74	250.44	247.78	208.57	133.59	105.46
Comprehensive Income & Other	0.47	0.49	0.5	0.52	0.46	0.45
Total Common Equity	728.55	712.27	709.63	670.43	595.4	567.25
Minority Interest	-62.72	-56.84	-27.71	-	-1.46	-
Shareholders' Equity	665.83	655.43	681.93	670.43	593.93	567.25
Total Liabilities & Equity	1,625	1,433	1,234	1,086	885.47	755.46

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	412.67	242.64	218.95	164.91	44.23	53.86
Net Cash (Debt)	-412.67	-229.65	-97.23	-80.39	89.93	88.65
Net Cash Growth	-	-	-	-	1.44%	-
Net Cash Per Share	-2.03	-1.13	-0.48	-0.40	0.44	0.44
Filing Date Shares Outstanding	203.28	203.28	203.28	203.28	203.28	203.28
Total Common Shares Outstanding	203.28	203.28	203.28	203.28	203.28	203.28
Working Capital	504.77	462.88	534.48	482.23	394.47	434.94
Book Value Per Share	3.58	3.50	3.49	3.30	2.93	2.79
Tangible Book Value	728.55	712.27	709.63	670.43	595.4	567.25
Tangible Book Value Per Share	3.58	3.50	3.49	3.30	2.93	2.79
Buildings	-	102.46	102.46	102.46	102.46	102.46
Machinery	-	396.22	332.02	332.35	281.26	281.92
Construction In Progress	-	8.21	45.02	17.93	52.33	3.91

Data Source: S&P Global Market Intelligence Last updated: Aug 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 16, 2026

Data Sources Report a data error